£228,182
This estimated value is based upon the latest sale price for the house of £223,000 on 19 Oct 2023. This value is then adjusted by the current Official House Price Index for WORCESTERSHIRE 1
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| Price Paid | Date |
|---|---|
| £223,000 | 19 Oct 2023 |
| £150,000 | 20 Oct 2006 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 sq feet |
This model uses changes in the Official Land Registry House Price Index for WORCESTERSHIRE to estimate the market value.
When this house was purchased in October 2023 the House Price Index for WORCESTERSHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £223,000 results in an estimated price of approximately £228,182.
| 19 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £223,000 | £5,182 | £228,182 |
The Postcode Pricing Model uses changes in average sales price within the WR2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 44.858 % | £100,032 | £323,032 |
| 3 Month Average | 23.367 % | £52,107 | £275,107 |
| 6 Month Average | 13.076 % | £29,159 | £252,159 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £283,718 | £275,000 | 79 HENWICK ROAD |
| 8 Dec 2023 | £281,139 | £272,500 | 15 ARROWSMITH AVENUE |
| 17 Nov 2023 | £256,511 | £250,000 | 13 HENWICK AVENUE |
| 19 Oct 2023 | £228,182 | £223,000 | 10 ARROWSMITH AVENUE |
| 30 Jun 2023 | £224,499 | £220,000 | 7 ARROWSMITH AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 20 Aug 2014. Using an estimated price of £228,182 means this house is valued at £3,042 per sq meter (£282 per sq foot).
The average size of a house on ARROWSMITH AVENUE is 79 sq meters (860 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Arrowsmith Avenue |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Westbourne Close |
| Sep 2024 | Vehicle crime | Under investigation | On or near Henwick Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melrose Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Comer Avenue |